Financial Markets

CP

Is the Economy Really "Different This Time"?

There's a clever-sounding phrase that has repeatedly wreaked havoc with the macro economy: "It's different this time." It's all over the place now, couched in neatly nuanced narrative about our "new normal." Is it once again misguided advice, or is there good reason to believe that this time really is different?

TSX Loses Steam

World stock markets lost steam Tuesday after economic data out of Europe painted an ugly picture of the key continent's outlook. European shares tumbled after data showed that Germany, Europe's bigge...